Forex traders are always looking for a competitive advantage. Consequently, numerous alternatives have emerged. Earn2Trade, a company that offers online Forex trading training, is one of these options.
This business is run by two men, Ryan Masten and David Lojko. They claim to be capable of redefining what vocational education looks like. In addition, the company pledges to connect successful students with proprietary trading firms.
Overall, this company is legitimate, and the course is appealing. Nonetheless, it is costly. In this evaluation, we will determine whether the company’s training is worth investing in.
Many businesses would guarantee that you will become an expert trader in no time. However, they cannot fulfill their promises. Therefore, extensive investigation is required. There are numerous factors to consider when determining whether a firm is worth your money.
Knowledgeable, trustworthy individuals must operate the organization. In addition, they must have proven trading results.
Investment Plans
This organization offers some of the most expensive investment products we’ve encountered. There are numerous investment options available to clients. The Beginner Crash Course costs $249 one-time, while the Gauntlet program costs $429.
Prices for the Gauntlet Mini program vary depending on account type. Monthly costs range from $150 to $350. In addition, the business provides a six-month Bootcamp for $2,499.
The Introduction Crash Course
This course comprises 66 videos of ten minutes each that cover fundamental and advanced ideas. A quiz follows each video to verify that students have mastered the course material.
This course is ideal for novices. The lesson is straightforward and fully illustrated, with numerous examples.
Training camp
This six-month trading school covers markets, risk management, and technical instruction. In addition, following completion of the course, you will be paired with a proprietary trading firm.
A personal mentor guides students through a video course and webinar catalog in weekly one-on-one meetings. After completing the course, you will join a trading simulator where a mentor will monitor your performance.
The Gauntlet Initiative
The Gauntlet program is a custom-built evaluation tool for futures trading. The tool aids students in determining whether or not they are prepared for live trading on the futures market. It is the last step of the company’s training program.
The organization establishes strict regulations to allow traders the greatest freedom to pursue their preferred trading technique. The company recommends that clients attempt this training only after completing the Beginner Crash Program.
The task is to manage a $25,000.00 virtual trading account over sixty days. You must trade at least once every week and for at least 30 calendar days. In addition, you must attain a 10% profit goal by the conclusion of the Gauntlet program. In addition, you may only have a 10% drawdown on your account.
Candidates can select predetermined stop losses, daily loss limits, and weekly loss caps. Additionally, they might establish their standards for the 60-day evaluation period. If candidates choose to develop their regulations, they must adhere to them.
Earn 2 Trade transmits your results to their proprietary trading partner upon completing the Gauntlet. The trading partner evaluates these results and invites you to join their firm as a funded trading partner. Earn2Trade also provides you with a completion certificate.
This service grants you free access to the education and webinar libraries of the company. In addition, you receive a complete refund if you exceed expectations.
The Mini Gauntlet
The Gauntlet Mini is an intraday futures trading examination that ensures a live trading account funding offer from the company’s trading partner. This scheme aims to offer futures traders the opportunity to become professional traders.
This program is ideal for traders who lack funds but possess abilities. The computer measures your trading performance based on a predetermined set of rules.
Physical Location and Customer Service
The company’s address is 30 North Gould Street, Suite 4000, Sheridan, Wyoming 82801. It is a positive sign that the company is not frightened of being located.
In addition, the company provides client service. They pledge to deliver 24/7 customer service of the highest caliber. You may contact the business via email at [email protected] or by phone at 1-888-502-2260.
Additionally, the business has a social media presence. They have supplied links to their Facebook, Twitter, Instagram, YouTube, and LinkedIn accounts.
Final Verdict
Overall, this business appears legitimate. They have remained upfront regarding their identity and have disclosed the location of their headquarters. Moreover, their services appear to be quite intriguing.
Nonetheless, the company appears to need more experience in trading. They have yet to present evidence that their trade coaches possess trading experience. This would significantly facilitate the purchasing decision.
The Top 10 Prop Trading Firms (Nov 2022 Update)
A corporation or institution engages in proprietary trading when it invests its cash in stocks, bonds, commodities, and other financial instruments. The risk involved with proprietary trading is excellent, as is the profit potential. Choosing a Proprietary Trading Firm is always complex, mainly if you are a newbie and wish to maximize your capital. We have compiled a list of the top proprietary trading service providers to assist you. It will facilitate your internet search for the best proprietary company.
Following is a curated list of the best prop trading firms with links to their websites.
- FTMO
- Lux Trading Firm
- The top 5%
- Fidelcrest
- Audacity Capital
- City Traders Imperium
- Red Associates
- Akuna Capital
- Belvedere Trading
